Categories AlphaGraphs, Earnings, Technology
Earnings: Highlights of Intel’s (INTC) Q1 2023 financial results
Intel Corporation (NASDAQ: INTC) Thursday reported a net loss for the first quarter of 2023 when the semiconductor firm’s revenues declined sharply. The company also provided guidance for the second quarter.
First-quarter revenues decreased 36% annually to $11.7 billion. The top line was negatively impacted by continued slowdown in the core Client Computing segment.
On an adjusted basis, Intel reported a loss of $0.04 per share in the latest quarter, compared to earnings of $0.87 per share in the first quarter of 2022. On a reported basis, the net loss was $2.8 billion or $0.66 per share, compared to a profit of $8.1 billion or $1.98 per share last year.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
